Geode Capital Management LLC Acquires 11,262 Shares of One Stop Systems, Inc. (NASDAQ:OSS)

Geode Capital Management LLC grew its holdings in One Stop Systems, Inc. (NASDAQ:OSS) by 6.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 181,954 shares of the company’s stock after purchasing an additional 11,262 shares during the quarter. Geode Capital Management LLC owned approximately 0.86% of One Stop Systems worth $435,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV bought a new stake in One Stop Systems during the second quarter valued at about $61,000. Essex Investment Management Co. LLC boosted its holdings in shares of One Stop Systems by 24.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 82,311 shares of the company’s stock valued at $197,000 after buying an additional 16,093 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of One Stop Systems by 15.7% in the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock worth $147,000 after buying an additional 8,300 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its stake in shares of One Stop Systems by 120.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 33,000 shares of the company’s stock worth $79,000 after acquiring an additional 18,000 shares in the last quarter. Hedge funds and other institutional investors own 32.67% of the company’s stock.

One Stop Systems Stock Performance

Shares of NASDAQ OSS opened at $3.16 on Monday. One Stop Systems, Inc. has a fifty-two week low of $1.79 and a fifty-two week high of $4.57. The company has a market cap of $66.72 million, a PE ratio of -6.32 and a beta of 1.20. The business has a 50-day simple moving average of $2.73 and a two-hundred day simple moving average of $2.44.

Analyst Upgrades and Downgrades

Separately, Alliance Global Partners raised shares of One Stop Systems from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $3.25 to $4.50 in a report on Wednesday, November 6th.

About One Stop Systems

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.